Home Collected Doorstep Loans | allthelenders
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Home Collected Loans

Home Collected Loans with allthelenders

allthelenders is a free to use price comparison website for payday loans and short term loans from direct lenders only. If you are interested in an alternative home collected loan, read on to find out more about what home collected loans can offer.

On this page:

What is a home collected loan? (Doorstep loans explained)

A home collected loan, also known as a doorstep loan, is provided by authorised lenders in the form of a cash loan that is usually repaid weekly. A home collected loan is the same as taking out any other personal loan, but it has one major difference where the paperwork (a legally binding contract) is dealt with on a face to face basis with an authorised agent at the borrowers property.

The home collected loan repayments are given to the agent on a weekly, fortnightly or monthly basis at the borrower’s property, hence the term doorstep loan.

Compare Live Rates For Short Term Loans Now

(Loans from 3 – 12 months). Representative 49.7% APR.


Is home collected credit and a home collected loan the same thing?

Yes, there are many terms used to explain home collected loans including doorstep loans and home collected credit. They all refer to the same thing whereby the loan repayments are collected from the borrower’s home by the authorised lenders representative/agent.

Are home collected loans (doorstep loans) legal?

Yes, home collected loans (doorstep loans) have been in existence throughout the United Kingdom for over 100 years and are still a very popular and convenient type of personal loan. Home collected loans should only be considered through an FCA authorised lender and you should check this before you proceed with an application.

How do you know if a home collected loan company is legitimate?

All lenders in the UK must be authorised by an official regulator called the Financial Conduct Authority, they are also referred to as the FCA. Before you take out a home collected loan, a doorstep loan, personal loan or any form of credit you should check to ensure that the lender is registered with the FCA. You can check a companies FCA status by looking at the FCA authorised company register that can be found here.

How do I apply for a home collected loan?

There are many FCA authorised home collected loan providers throughout the whole of the UK and you will find all of them online. However, you should always consider the use of a comparison site such as Lenders Compared who provide a regulated comparison service for all UK authorised home collected loan organisations.

What is the process of taking out a home collected loan?

Once you have found a lender that meets your requirement you should contact them and they will organise a time, to go through your requirement, suitability & affordability checks and the terms and conditions of a home collected loans. Once these checks and a credit check has been undertaken and the loan has been approved with the terms and conditions of the home credit loan agreed, the lender will release the money to you.

Compare Live Rates For Short Term Loans Now

(Loans from 3 – 12 months). Representative 49.7% APR.


Are there home collected loans for bad credit?

You will find some lenders will offer a loan (a line of credit) to a borrower who has bad credit. There are many factors and circumstances that lenders consider during the home collected loan application process.

What are the benefits of a home collected loan?

  • You have one point of contact and one number to call to discuss changes in circumstances.
  • You receive a face to face service which is exceedingly rare nowadays in relation to personal loans.
  • Home collected loans should be provided only by FCA regulated lenders
  • If you apply for a home collected loan you should receive a clear breakdown of your loan, the repayment plan and a detailed analysis of any costs and fees involved.
  • You do not have to wait for your money and the loan will be paid out in cash
  • All communication is usually conducted by 1 person, so you are able to build up a relationship with the agent.

What are the negatives of a home collected loan?

  • You will not be able to borrow a large sum of money.
  • The lender will conduct credit checks and you may not be eligible for a loan. You should avoid making multiple applications for credit as this will impact your credit rating
  • Do not be fooled! Loan sharks do exist so you must be sure that you are dealing with a reputable organisation. Always check that an organisation is who they say they are and check they are registered on the FCA website.
  • Typically, home collected loans are for people with bad credit so the interest rate charged could be high. You should consider using alternative lenders and eligibility checkers so you can see who will accept you before you apply.


Home collected loans are also known as home credit loans and doorstep loans. This type of financial product has been provided in the UK for over 100 years. They are usually for smaller loan amounts and there are many lenders providing these types of personal loans throughout the UK. You should be aware of cash loan scams so when considering a home collected loan make sure you use FCA authorised lenders and FCA registered comparison sites.